Here is the minimalist guide to internal controls: Just remember 3-5-7. Let’s face it, understanding internal controls is critical to continued grant funding. A lack of well-developed internal controls can lead to costs being disallowed and even suspension and debarment from future grants. Does it seem overwhelming? Look at our simplified approach of 3-5-7. The […]
“Repay the unallowable costs!” That is the result no grant manager wants to hear, especially with federal funding. So, I speak a lot about keeping federal grants from being unallowable grant costs in terms of strong internal controls. Let’s shift gears and look at a real-life case study from the Office of the Inspector General […]
To honor our first 10 years as one of the premier federal grant management training companies, I pulled this post out of moth-balls that I wrote when I first started the company.
Grant fraud is a mystery to many of us. How can it happen? Why would someone do it? And more importantly: How can federal grant recipients avoid grant fraud? Solving the mystery of “The Fraud Triangle” was led by criminologist Dr. Donald Cressey and is based on his well-accepted behavioral research model studying embezzlers. 3 […]
Good grants management requires grantees to use their federal funds in the best interests of their Federal grants and not have a conflict of interest. But when the people put their personal best interests before the best interests of the Federal program the result can shatter trust-both with the funding agency and within the organization. And […]
When you work with federal grants, it’s just a matter of time before someone says “We need the prior approval of the funder” to do this or that. But this vague term “prior approval” may leave you wondering two important questions when you manage grants: When does 2 CFR Part 200 aka the Uniform Guidance […]